What is group life insurance?

Answer It is common for companies to offer their employees a portion of a group life insurance policy as part of their company benefits, according to 360 Degrees of Financial Literacy. Understanding what ... Read More »

Top Q&A For: What is group life insurance

How to Convert Group Life Insurance?

Group life insurance provides coverage for a number of people under a single master contract or master policy. Group life plans normally require eligibility for employees to participate, usually in... Read More »

What is group term life insurance?

One of the most common benefits that an employer offers is called "group term life insurance." These plans not only cost less because of the group discount, but usually provided for free from an em... Read More »

What is Veterans'Group Life Insurance?

The Veterans' Group Life Insurance (VGLI) program allows ex-service members to convert their Servicemembers' Group Life Insurance (SGLI) into a renewable five-year term insurance. The Department of... Read More »

What does true group mean in the life insurance companies?

According to a writer at All Business, a true group plan is a corporate life insurance plan in which all employees of a business are accepted into the plan regardless of their physical condition. T... Read More »